On Deck

On Deck (@beondeck) is a startup community and fellowship program, and in the saved material it is a recurring example of a “peer talent program.” Two public references describe it directly:

• ODX. An announcement from the @joinodf account describes ODX as “a $100M accelerator to back the next generation of founders,” offering $125k for 7% “from us + the community,” access to its network to hire, fundraise or find customers, and customization for each company. The stated mission is to “expand the startup economy because startups are the best hope for building a better future.”
• Writer fellowship. Tyler Willis suggested that someone in On Deck’s writer fellowship should build a collection of deeply reported, pseudonymously written Substacks about individual large public tech companies, after a post by Tyler Tringas proposing it.

Erik Torenberg is listed as the founder of On Deck on Super Angels.

The Flywheel (Jake Singer, 2020)

• What’s On Deck for Business School (November 17, 2020): Jake Singer argued On Deck could disrupt the MBA by delivering its three jobs to be done (network, jobs, credential) for less, through a generic community flywheel, a founder-fellowship flywheel, and new fellowships that each supply another’s demand.
• On Deck Follow Up — Interview with David Booth and Erik Torenberg (November 20, 2020): CEO David Booth and chairman Erik Torenberg on compounding “curation businesses,” launching fellowships, prestige versus scale, and why On Deck charged fees rather than using ISAs or taking equity.

Where this appears

• Announcing ODX, a $100M Accelerator… (tweet)
• This is a good idea, and someone in… (tweet)